Asian markets squeezed out gains Tuesday, giving investors some relief from a recent sell-off fuelled by worries that US interest rates will go higher than feared following last week's blockbuster jobs report. He told Bloomberg News: "I would expect that that would translate into us raising interest rates more than I have projected right now."
Hermes chief menswear designer Veronique Nichanian is to step down after 37 years in charge and will present her final show for the luxury house in January, the company announced on Friday. She said she was leaving the house "with joy and pride", after enjoying "37 years of creative freedom."
Spanish police confirmed Friday that their probe into the sudden death last year of Mango clothing empire founder Isak Andic remains open following reports his son has become a suspect. Contacted by AFP, Catalan regional police sources confirmed that an investigation is ongoing without giving further details because the case remains under judicial secrecy.
Member states of the International Maritime Organization will decide on Friday whether to formally adopt a plan to cut carbon emissions in the face of opposition from the United States. "I am outraged that the International Maritime Organization is voting in London this week to pass a global Carbon Tax," US President Donald Trump wrote on his Truth Social platform Thursday.
Business and Economy
Load more
Energy
Read more
Money
Read more
Industry
Read more
Technology
Read more
Economy
Read more
